ASC Transactions & Valuation Issues

Melbourne, Fla.-based First Choice Healthcare Solutions reported its second quarter financial results with the company continuing to bolster its ASC strategy.

Here are six updates on ASC management companies to note:

Since Surgery Partners released its second quarter results, the company's shares have declined and investors may be wary of how the company will fare moving forward, according to Forbes.

Envision Healthcare's earnings have declined in recent years, which Zacks analysts attribute to the company's rising operating expenses.

Coral Gables, Fla.-based Digestive Medicine Associates is opening its fourth facility in Kendall, Fla.

The 7,086-square-foot Genoa City, Wis.-based Geneva Surgical Suites opened on July 24.

Medical Facilities Corp. posted revenues of $96.1 million for the second quarter of fiscal year 2017.

Tenet Healthcare accrued substantial net losses from continuing operations in the second quarter this year.

Here are eight hospitals and health systems that have opened or announced plans for ASCs in July.

Surgery Partners CEO Michael Doyle said the company, like other healthcare management companies, had slower than usual utilization and an adverse payer mix, which affected its second quarter 2017 financial results.